Yesterday, I attended a crypto seminar in my city. I knew I had to be there to increase my knowledge about cryptocurrency. There were popular crypto traders present as speakers, there was an interactive section where we were given the opportunity to ask questions. Afterwards we had dinner with the speakers. I got the opportunity to have a close look on what it means to be a crypto trader or investor. I won $200 for being the most interactive person in the room. These are some of the points I went home with
1.
Identify with a community: I am glad I have bitcointalk forum. I would not know this things I do now without the forum. We live in an age of Google, YouTube videos and tiktok where everyone is a professional. I guarantee you the quality of information dispensed here on a daily is incredible. When you come to a community such as this. You don’t have to ask stupid questions the first thing is to carefully read through the threads. Understand the subject being discussed before asking questions. Every community has its rules, try and be conversant with those rules so you don’t get kicked out. I'm happy to be here I would not have made that $200 if I wasn't a member of this community.
2.
Learning before earning: This is one point that stuck. Making money has always been the goal. It is very convenient to forget that there is a process to achieving that goal. You have to be aware of activities happening in the crypto industry.
3.
Mentorship is important: There is a old saying where I am from "if you have a father you will fly farther" that means you will fly on their wings. Mentorship is essential for you to learn crypto trading. A mentor gives you experience. I know we are in a digital era where you can learn trading courses online and read books about cryptocurrency. That alone cannot gauarantee success. Mentorship is the shortest cut to success you need to differentiate the hype from the value. You have to aware of activities in the crypto space. Know the real from the fake. This is something you learn from experience. You must learn to differentiate the value from the hype. There are lots of so called successful traders online and offline. You will be shocked to find they have nothing to offer.
4.
Consistency:There are days crypto will slap you in the face. The First three letters of crypto are “CRY”...that was meant to be funny
There is so much in the crypto industry defi, Nft, blockchain technology, investments, blogging. You have to choose an area to focus on and be the best in that field. Consistency is very important you can’t be a crypto investor by day and pessimist by night. Believe in yourself and what you do